Project Portfolio Management

The PMO is under constant pressure. From maintaining standards for project management practices to planning and delivering projects – the PMO needs to be in constant sync with strategy and business outcomes. This PMO blog category provides numerous recommendations from experts to encourage top down and bottom up planning, improve processes, promote stakeholder satisfaction, and ultimately eliminate silos to advance the PMO function. Get expert advice on the pros and cons of adopting a continuous planning model. Experts will also share real-world advice on choosing your next Project Portfolio Management tool and how to #BeThatPMO your business needs.

Using Strategic Capacity Planning to Manage R&D Portfolio Resource Bottlenecks – Enrich Consulting

Rocks in the river When selecting projects for the portfolio, practitioners of Strategic Capacity Planning often exclusively consider financial constraints. Though the terminology varies across industries–outside costs, out-of-pocket expenditures, external expenditure–the concept is the same: money spent on something other than staff. If internal resources are considered at all, it is usually at a very...

R&D Portfolio Management and the Black Swan – Enrich Consulting

I recently read The Black Swan by Nassim Nicholas Taleb and found the book’s central tenets relevant to R&D portfolio management. I recommend you pick up a copy yourself, but until you do, I hope the following thoughts hit the mark for you as they did for me. What is a “Black Swan?” According to...

IT Governance and Lessons from the Outsourcers

Good IT Governance has numerous benefits for running an IT organization. A solid understanding and control of resources, work effort, and costs will drive better decisions. Having that information readily available, on-demand, will drive more timely decision making. There are many sources CIO’s and IT organizations look to for guidance and examples on governance models...

IT Governance – Why Before How

IT Governance often represents a new way of doing business: An IT Governance training strategy must incorporate change management. An initiative as impactful as an IT Governance Solution typically requires an organization to implement new roles, processes and automation. The changes can appear daunting for many employees whose first experience with the new techniques is...

Where Have the Services Gone?

The Center for Collective Intelligence (http://cci.mit.edu) at Massachusetts Institute of Technology (MIT) is established around the basic research question: “How can people and computers be connected so that-collectively-they act more intelligently than any individuals, groups, or computers have ever done before?” I think this is a fantastic opening question to any software (or services) company...

Tracking Time – How Should My Organization Do It?

When a new customer signs up with Innotas and begins working with their Customer Success Manager, one of the first topics centers around Time Management. While most customers want to track time for their IT resources, they don’t always know what types of activities to track, how granular to track, or what the benefits they...